465 Mineral Spring LnFuquay VarinaNC27526
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fuquay Varina at 465 Mineral Spring Ln, Fuquay Varina, NC, 27526 uses $129,252 cash to close to unlock $1,153/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $1,908/mo payment keeps the spread at $96/mo. Purchase price stands at $389,900, and rental yield measures 7.61% with $2,472/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 107.54% and total cumulative return in cash records $138,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Kelly Reithmeyer • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls ID: #10116206